This
is a glossary of terms that are, for the most part, unique
to the world of financial investigations, or terms that have
a different meaning than that which is commonly understood
when they are used in this context.

Key Industry:
Industry that is fundamental to a nation's economy and well-being.
The defense industry, for instance, is a key industry because
it provides the means in which to preserve a country's safety.

Kicker: Additional
feature of a security that is intended to strengthen its marketability
by offering the possibility of equity participation. For example,
a bond may be convertible to stock if the shares reach a specified
price. The kicker makes the bond more attractive to investors--the
bondholder, in addition to interest payments, potentially
gets ownership benefits of an equity security. Some other
types of equity kickers are rights and warrants.

Killer Bees:
Those who assist a corporation in fighting off a takeover
bid--usually investment bankers. They concoct strategies to
make the target corporation less enticing or more difficult
to acquire.

Know Your Customer:
Securities industry ethics established by exchange rules,
NASD Rules of Fair Practice and other authorities regulating
broker-dealer practices. In order to satisfy the "know
your customer" rules, when opening an account with a
brokerage firm, the customer must provide information regarding
his financial situation. Based upon the facts disclosed by
the customer, the broker must have a reasonable belief that
the recommendation they are making is suitable for the customer.

Krugerrand: Gold
bullion coin minted by the Republic of South Africa that contains
one troy ounce of gold. They usually sell a little above their
current gold content value. Although Krugerrands were banned
for import into the US in 1985, existing coins in the US can
be traded.